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Marathon Petroleum Corporation (MPC)
NYSE:MPC
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MPC Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$140.98 - $221.11
Previous Close$144.76
Volume2.32M
Average Volume (3M)2.69M
Market Cap
$48.45B
Enterprise Value$76.82B
Total Cash (Recent Filing)$8.50B
Total Debt (Recent Filing)$30.11B
Price to Earnings (P/E)7.6
Beta0.47
Next Earnings
Nov 05, 2024EPS Estimate
$0.99Last Dividend Ex-Date
Aug 21, 2024Dividend Yield2.27%
Share Statistics
EPS (TTM)19.03
Shares Outstanding334,684,050
10 Day Avg. Volume2,399,127
30 Day Avg. Volume2,689,792
Standard Deviation0.13
R-Squared0.31
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)2.27
Price to Sales (P/S)0.33
Price to Cash Flow (P/CF)3.80
P/FCF Ratio4.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.52
Enterprise Value/Gross Profit4.65
Enterprise Value/Ebitda1.68
Forecast
1Y Price Target
$178.00Price Target Upside22.36% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering16
Marathon Petroleum News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceMPC reported 2Q EPS that topped consensus estimates by ~33%.
Operational PerformanceMPC's Martinez facility remains on track to reach full available capacity by year-end.
Shareholder ReturnsThe company completed more than $900 million worth of buybacks, with $5.8 billion in repurchase authorization remaining.
Bears Say
EarningsThe blended indicator margin is $2.96/bbl lower, equating to a potential $799 million headwind to adjusted EBITDA, leading to lower earnings estimates and risk off, resulting in stock underperformance.
Financial PerformanceA weaker quarter for refining is expected for Marathon Petroleum, with lower margins and volumes in Refining & Marketing impacting quarterly results.
Market ConditionsAn increase in risk premiums due to current geopolitical turmoil affected the stock, with the company reducing its share repurchase program due to weakening cracks and allocation of cash towards debt repayment.
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Ownership Overview
0.24% Insiders
17.78% Mutual Funds
2.44% Other Institutional Investors
56.91% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Legal & RegulatoryLitigation, compliance, new legislation, and taxation risks
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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MPC FAQ
What was Marathon Petroleum Corporation’s price range in the past 12 months?
Marathon Petroleum Corporation lowest stock price was $140.97 and its highest was $221.11 in the past 12 months.
What is Marathon Petroleum Corporation’s market cap?
Currently, no data Available
When is Marathon Petroleum Corporation’s upcoming earnings report date?
Marathon Petroleum Corporation’s upcoming earnings report date is Nov 05, 2024 which is tomorrow.
How were Marathon Petroleum Corporation’s earnings last quarter?
Marathon Petroleum Corporation released its earnings results on Aug 06, 2024. The company reported $4.12 earnings per share for the quarter, beating the consensus estimate of $3.09 by $1.03.
Is Marathon Petroleum Corporation overvalued?
According to Wall Street analysts Marathon Petroleum Corporation’s price is currently Undervalued.
Does Marathon Petroleum Corporation pay dividends?
Marathon Petroleum Corporation pays a Quarterly dividend of $0.82 which represents an annual dividend yield of 2.27%. See more information on Marathon Petroleum Corporation dividends here
What is Marathon Petroleum Corporation’s EPS estimate?
Marathon Petroleum Corporation’s EPS estimate is $0.99.
How many shares outstanding does Marathon Petroleum Corporation have?
Marathon Petroleum Corporation has 334,684,050 shares outstanding.
What happened to Marathon Petroleum Corporation’s price movement after its last earnings report?
Marathon Petroleum Corporation reported an EPS of $4.12 in its last earnings report, beating expectations of $3.09. Following the earnings report the stock price went up 5.457%.
Which hedge fund is a major shareholder of Marathon Petroleum Corporation?
Among the largest hedge funds holding Marathon Petroleum Corporation’s share is Elliott Investment Management LP. It holds Marathon Petroleum Corporation’s shares valued at 1B.
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Marathon Petroleum Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$178.00 (22.36% Upside)
$178.00 (22.36% Upside)
Blogger Sentiment
Bullish
MPC Sentiment 100%
Sector Average 73%
Sector Average 73%
Hedge Fund Trend
Decreased
By 605.2K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.5%
Last 30 Days ▼ 2.6%
Last 30 Days ▼ 2.6%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-1.88%
12-Months-Change
Fundamentals
Return on Equity
30.52%
Trailing 12-Months
Asset Growth
-1.40%
Trailing 12-Months
Company Description
Marathon Petroleum Corporation
Founded in 1887, Ohio-based Marathon Petroleum Corp. is a petroleum refining company, which is engaged in refining, marketing, retailing, and transporting petroleum products primarily in the United States. It operates through three segments: Refining & Marketing, Retail, and Midstream.
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MPC Company Deck
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MPC Earnings Call
Q2 2024
0:00 / 0:00
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MPC Revenue Breakdown
90.51% Refined Products
5.00% Crude oil
2.18% Midstream services and other
1.17% Services and other
1.13% Midstream refined prodcuts
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MPC Stock 12 Month Forecast
Average Price Target
$178.00
▲(22.36% Upside)
Technical Analysis
Best Analysts Covering MPC
1 Year
1 Year Success Rate
14/16 ratings generated profit
1 Year Average Return
+40.63%
initiated a buy rating 4 months ago
Copying Doug Leggate's trades and holding each position for 1 Year would result in 87.50% of your transactions generating a profit, with an average return of +40.63% per trade.
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